Short Interest in Eurocash S.A. (OTCMKTS:EUSHY) Declines By 50.0%

Eurocash S.A. (OTCMKTS:EUSHY) was the recipient of a significant drop in short interest during the month of September. As of September 30th, there was short interest totalling 100 shares, a drop of 50.0% from the September 15th total of 200 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Eurocash Price Performance

Shares of EUSHY remained flat at $3.50 during mid-day trading on Friday. The firm’s 50-day moving average is $3.50 and its 200 day moving average is $3.51. Eurocash has a 52-week low of $3.50 and a 52-week high of $3.50.

Eurocash Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, December 6th. Stockholders of record on Thursday, September 5th will be given a dividend of $0.1302 per share. This is a positive change from Eurocash’s previous dividend of $0.06. The ex-dividend date of this dividend is Thursday, September 5th. Eurocash’s dividend payout ratio is presently 43.88%.

About Eurocash

Eurocash SA engages in the wholesale distribution of food and other fast moving consumer goods (FMCG) in Poland. The company operates through Wholesale, Retail, and Projects segments. Its FMCG products include food products, soft drinks, alcoholic beverages, tobacco products, and household chemicals and cosmetics.